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Setting the Price

The price is the first thing buyers notice about your property. If you set your price too high, then the chance of alienating buyers is higher. You want your house to be taken seriously, and the asking price reflects how serious you are about selling your home.

Several factors will contribute to your final decision. First, you should compare your house to others that are in the market. If you use an agent, he/she will provide you with a CMA (Comparative Market Analysis). The CMA will reflect the following:

  • houses in your price range and area that were sold within the last half-year
  • asking and selling prices of houses
  • current inventory of houses on the market
  • features of each house on the market

From the CMA, you will learn the difference between the asking price and selling price for all homes sold, the condition of the market, and other houses comparable to yours.

Also, try to find out what types of houses are selling and see if it applies to your area. Buyers follow trends, and these trends can help you set your price.

Always be realistic. Understand and set your price to reflect the current market situation.

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Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

Diane Warring
Warring & Associates Realtors
829 FIRST ST
BENICIA, CA 94510
Office: 707-746-6990
Cell: 707-315-5238
Email: diwarring@gmail.com
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Testimonials

Your availability and flexibility throughout the entire process of buying AND selling went far beyond te all of duty. Thank you for your caring, trustworthy and meticulous approact to real estate. Brad & Jake Souza
"...You represent the best, the hallmark of excellent client service. Your high degree of professionalism...all of your skills, knowledge, and competence in doing your work is impressive and truly excellent. This did not feel like a business transaction...but more of a friend, a life-long Bencian...helping a friend sell their home. Your sincerity and understanding of the many emotional ties to the house, helped Mom feel better about selling. Tim Bobbit
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